I purchased a Pal Mickey for my daughter in August, when it was still $50, and I can't really say I would consider it a waste of money. My daughter enjoyed it, and we saw several people carrying them around...adults, children, and adult "Mickeysitters"(the parents who obviously rented/purchased for their child, but found Mickey needing to be carried for fear of losing their investment). I was occassionally the Mickeysitter, as a cm warned me they often "disappeared". My good friend is taking my favorite 2-year-old to Disney in a few days, and she has decided to purchase a Pal Mickey(I'l have to tell her the price went up), because her daughter fell in love with mine. I really was not interested in renting one, and she isn't either(can you imagine the scene trying to pry Mickey from the tired hands of a toddler?). My opinion is: While I have spent $50 before and gotten more, I have spent $50 before and gotten less for my money. At least with Pal Mickey, he told us silly jokes all the way home(something that t-shirt didn't do!) That $10 increase in price may be more than some parents are willing to pay, though(I would have had to think twice!).